The re-emergence of Huboo Technologies Limited into Hub Realisations Limited Company number 09727464 and then its re-emergence into Huboo Tech Limited (Company number 16143472) leaves businesses with doubts about trusting this company. Does the company’s history of financial issues and operational mistakes make it risky for customers to continue using its services?
A Legacy of Broken Promises
Huboo Technologies Limited (now Hub Realisations Limited Company number 09727464) created a path of unhappy clients and delayed deliveries and unmet contracts. Clients experienced the following problems before the company shut down.
Long delays in dispatching orders.
Frequent errors in stock management.
Unresponsive customer service.
Unclear and misleading billing practices.
Customers received no notice about Huboo’s severe financial problems which led to its collapse.
Same Business, Different Name?
The same operational challenges exist between Huboo Tech Limited and the previous company Huboo Technologies Limited under the same leadership. Should anyone trust different results from operations that maintain identical systems and staff members and operational inefficiencies?
Financial Viability: A Major Concern
Huboo Technologies Limited (now Hub Realisations Limited Company number 09727464) experienced major financial losses throughout each year:
2022: £47,108,825 in losses.
2021: £13,389,157 in losses.
2020: £3,539,804 in losses.
Businesses need assurance about the resolution of fundamental issues before deciding to trust Huboo Tech Limited with their logistics operations.
The Risk to Clients
The clients who decide to keep using Huboo Tech Limited need to evaluate:
Does this company show any signs of facing another financial breakdown?
The protection measures for business operations stand in place during another potential failure of the company.
Customer contracts will remain valid throughout the long term.
The lack of stability guarantees makes it wiser for businesses to select established logistics providers.
Conclusion
Huboo Tech Limited presents itself as a new beginning yet historical evidence indicates the opposite. Businesses need to evaluate the risks involved because this company has demonstrated instability according to its past performance.
